The Fair Work Commission will allow Patrick Stevedores to proceed with job cuts at the Port of Melbourne, after rejecting an MUA bid for an interim restraining order because the balance of convenience lay with the employer.
The body charged with reviewing the Fair Work Act has suggested that centralised wage-setting under awards might hamper the effectiveness of market signals and lead to artificially inflated pay rates, in a recently-released report on labour mobility in Australia.
Labour productivity in the private sector increased by 2% in the 12 months to July, just below the 30-year average of 2.2%, according to new data released today by the Productivity Commission.
A likely shortage of experienced, skilled supervisory and operational workers in the resources sector could reduce productivity and safety as the industry moves from a construction to operational phase, a new report has warned.
